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Nov 11, 2012 9:00am PST
deadline when temporary tax cuts intended to rejuvenate the economy expire. president obama is asking the wealthiest americans to pay more in taxes to help cut the taxes. republicans say raising taxes on business owners would only eliminate more jobs. >> what has been the missing ingredient in congress to date has been the revenue. and to make sure that it is fairly distributed and the wealthy pay their fair share. that is what we face right now. if our republican counter parts can step forward with that revenue piece, we will be able to find a solution. >> president obama said two years ago now is not the time with a sluggish economy to raise taxes. we need to consider the fact that the folks he is talking about raising taxes on are the job creators, the small business community. >> doing nothing means the tax cuts would expire for everyone and the typical american family would pay about $2,000 more in taxes next year. >>> we are learning new details this morning about the shocking scandal that has force the the head of the cia to resign. >> it was affair between petraeus and his bio
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